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Edinburg’s retail economy leading major Valley cities in rate of growth during first eight months of 2016

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Featured: Letty Reyes, Director of Business Development and Public Affairs, Edinburg Economic Development Corporation; and Juan Guerra, City Manager, City of Pharr. Both area leaders on Friday, October 7, 2016 participated in a panel discussion about entrepreneurial innovation during the Fourth Annual Binational Innovation Conference (INNO 2016), which was hosted by South Texas College (STC) in McAllen. The Edinburg EDC was a sponsor of the event. INNO 2016 was held at the STC Technology Campus located at 3700 W. Military Highway in McAllen. Also on the panel, but not shown in this image, were: Keith Patridge, President/CEO, McAllen Economic Development Corporation; Francisco “Frank” Almaraz, CEO, Workforce Solutions, Lower Rio Grande Valley; and Bobby Villarreal, County Executive Director, Hidalgo County.

Photograph By LAURA VELA

Edinburg’s retail economy from January through August 2016 has improved more than 4.6 percent, which is the best showing of all major Rio Grande Valley cities, and better than the statewide average of a 1.1 percent increase of all cities in the state, according to the Texas Comptroller of Public Accounts. For the month of August 2016, Edinburg’s retail economy – as measured by local sales taxes generated from purchases of eligible goods and services – also remained healthy, showing an almost two percent improvement over the month of August 2015. Those figures are based on sales made in August 2016 by businesses that report tax monthly, according to the Texas Comptroller of Public Accounts. The local sales tax data is among the latest economic barometers featured in a detailed summary provided by the state comptroller’s office, which released retail sales figures on Wednesday, October 12, 2016. During the first eight months of 2016, Edinburg’s retail economy produced $17,592,870.93 in local sales taxes, compared with $16,812,351.02 for January through August 2015, representing an improvement of 4.64 percent. For August 2016, Edinburg’s retail economy generated $1,702,561.82 in local sales taxes, compared with $1,671,788.87 during the same period in 2015, representing the improvement of 1.84 percent, also according to the Texas Comptroller of Public Accounts. The sales tax, formally known as the State Sales and Use Tax, is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (.0825). The local sales tax is used in Edinburg to help pay for many city services, while the Edinburg EDC uses its one-half cent local sales tax to help generate economic development in the city. The amount of local sales taxes collected also helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Elías Longoria, Jr., Harvey Rodríguez, Jr., Richard Rupert, and Dr. Peter Dabrowski.

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Leticia Reyes will represent Edinburg EDC on Friday, October 7, during INNO 2016 panel focusing on Entrepreneurial Innovation

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Featured, from left: Leticia Reyes, Director of Business Development and Public Affairs, Edinburg Economic Development Corporation; Jonathan Torres, Production Specialist, City of Edinburg; Pepe García Gilling, Independent Filmmaker, Monterrey, Mexico; Viviana Ozuna, Business Consulting and Marketing, McAllen; Luis Suner, MG Digital Group, Edinburg; and Dr. Dahlia Guerra, Assistant Vice President for Public Art, The University of Texas Rio Grande Valley. These individuals were gathered on Saturday, September 10, 2016, during the South Texas International Film Festival 2016 awards banquet held at the Edinburg Conference Center at Renaissance. The Edinburg EDC was the major financial sponsor for the event, which organizers said drew more than 1,000 people to the three-day event, held from Thursday, September 8 through Saturday, September 10, 2016. STXFF is a competitive international film festival in the categories of Best Short Film, Best Feature Length Film, and Best Regional Film. This year’s edition showcased local, regional and international films that have a unique voice and style. As an added bonus, STXFF premiered the first local 3D movie filmed and produced in the Rio Grande Valley as part of the Festival’s opening. More than 102 submissions in Feature Film, Short Film, and film projects from more than 12 countries were in the running for awards.

Photograph By MARK MONTEMAYOR

Leticia Reyes, Director of Business Development and Public Affairs for the Edinburg Economic Development Corporation, on Friday, October 7, 2016 will participate in the Fourth Annual Binational Innovation Conference (INNO 2016), which is being hosted by South Texas College (STC) in McAllen. The Edinburg EDC is one of the sponsors of INNO 2016. INNO 2016 is a bi-national collaborative effort between STC and El Instituto Internacional de Estudios Superiores in Reynosa, Mexico, and takes place from 8:30 a.m. to 2:30 p.m. Friday, October 7, 2016 at the STC Technology Campus located at 3700 W. Military Highway in McAllen. Reyes will be part of a panel of representatives from various economic development corporations in the region talking about entrepreneurial innovation as part of the INNO 2016. Joining her on the panel, which will be featured from 11:15 a.m. to 12:15 p.m., will be Keith Patridge, President and CEO of the McAllen Economic Development Corporation; Rose Benavídez, Member, Board of Trustees, South Texas College, and President, Starr County Industrial Foundation; and Frank Almaraz, CEO of Workforce Solutions. They will focus on “Entrepreneurial Innovation”. The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Elías Longoria, Jr., Harvey Rodríguez, Jr., Richard Rupert, and Dr. Peter Dabrowski.

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Edinburg’s 5.4 percent unemployment rate for August 2016 reflects 995 more jobs than August 2015, Texas Workforce Commission reports

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Featured: Dr. Havidán Rodríguez, Provost and Executive Vice President for Academic Affairs at The University of Texas Rio Grande Valley, on Friday, August 26, 2016, gave welcoming remarks for the university’s first Project Sin Fronteras banquet, hosted by the UTRGV Office of Sustainability at the Embassy Suites McAllen Convention Center. Rodríguez is a former member of the Board of Directors of the Edinburg Economic Development Corporation, which is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC, its Board of Directors, the Edinburg Mayor and the Edinburg City Council lobby the Texas Legislature and the UT System Board of Regents 0n behalf of UTRGV and its School of Medicine in Edinburg.

Photograph By PAUL CHOUY

Edinburg and McAllen were the only two Valley cities which posted unemployment rates under 5.5 percent during the month of August 2016, according to the Texas Workforce Commission, which also reported on Friday, September 16, 2016, that Edinburg saw a growth of almost 1,000 jobs when comparing employment in August 2016 with August 2015. Edinburg’s 5.4 percent unemployment rate for August 2016 is the same as the August 2015 level (5.4 percent), and both of those figures were the best for that month since August 2008, the Edinburg Economic Development Corporation has announced. McAllen’s 5.3 percent unemployment rate for August 2016 was the best showing among all Valley cities for that month. The Texas Workforce Commission reported that there were 36,091 people employed in Edinburg during the month of August 2016. That performance represents an increase of 995 jobs in Edinburg when comparing the employment figures for August 2016 (36,091) and August 2015 (35,096). The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Ruppert and Dr. Peter Dabrowski as Members. Richard García and Agustín García, Jr. are not related.

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Edinburg construction passes $166 million from January through August 2016, with $2.5 million Bob’s Steak & Chop House the most valuable structure issued a building permit that month

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Featured: An interior view of a Bob’s Steak & Chop House, the Dallas-based steakhouse system which has a presence in San Francisco, Tuscon, Nashville, and numerous other locations, and soon, in New York City and Edinburg. Bob’s unique atmosphere combines the old world elegance of rich mahogany booths, a polished bar and white, crisp table linens with modern, business casual attire. Celebrated by a loyal, repeat clientele, as well as new customers seeking more than just a restaurant, the highly-rated steakhouse, which will open locally in 2017, received a building permit from Edinburg’s Code Enforcement Department for the most valuable construction project in August 2016, worth $2.5 million.

Image Courtesy BOB’S STEAK & CHOP HOUSE

Construction and related building activities in Edinburg from January through August 2016 have passed the $166 million level, the Edinburg Economic Development Corporation has reported, with the month of August 2016 accounting for more than $13.8 million of that amount. The top construction projects in Edinburg for August 2016, not including the value of the land, are: $2,500,000 – First Hartford Realty Corp., 613 E. Trenton Road, The Shoppes at Rio Grande Valley Subdivision; $300,000 – Jacob & Jonathan Innovative Construction, 2302 Holland Avenue, Jackson Heights Subdivision; $289,000 – Timoteo Salinas, 4919 June Drive, Summerfield Manor Subdivision; $288,147 – Juan G. Soto, 707 Casa Vieja Street, Tierra Divina Estates Subdivision; and $275,000 – Israel Mata, 1131 N. Monmack Road, Monmack Terrace #2 Subdivision.First Hartford Realty Corp.’s building permit for work value at $2.5 million is for the construction of a 9,000 square-foot Bob’s Steak & Chop House, which will serve as the featured anchor of a 25,000 square-foot restaurants plaza at The Shoppes at Rio Grande Valley. The ground breaking ceremony for First Hartford’s Bob’s Steak & Chop House is tentatively set for Tuesday, October 18, 2016, with the grand opening set for Spring 2017, said Peter Higgins, Vice President/Director of Leasing for Leasing at First Hartford Corporation. The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr., as Secretary/Treasurer, and Richard Ruppert and Dr. Peter Dabrowski as Members. Mayor Richard García and Agustín García, Jr., are not related.

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Edinburg’s retail economy in July 2016 showed more than a 3.4 percent improvement over July 2015, and almost 5 percent growth year-to-date

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Board members, students, teachers, and staff with the Edinburg Consolidated Independent School District, along with other community leaders, including Mayor Pro Tem Richard Molina, recognized Sgt. Francisco Barrientes on Wednesday, September 7, 2016, during a public celebration of the 10th anniversary of naming Barrientes Middle School in his honor. Featured, from left: ECISD Superintendent Dr. René Gutiérrez; ECISD School Board Member Carmen González; Alex Ríos, District Director for State Rep. Terry Canales, D-Edinburg; Sgt. Francisco Barrientes; Edinburg Mayor Pro Tem Richard Molina; Robert López, Principal, Barrientes Middle School; Eva T. Torres, ECISD Assistant Superintendent of Curriculum & Instruction; and ECISD School Board Member Ellie M. Torres, the immediate past Secretary/Treasurer of the Board of Directors for the Edinburg Economic Development Corporation. The Edinburg EDC is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. Mayor Pro Tem Molina is one of two veterans who serve on City Council. Mayor Richard H. García is also a U.S. Army veteran.

Photograph By MARK MONTEMAYOR

Edinburg’s retail economy during July 2016 showed a more than 3.4 percent improvement over July 2015, which was the second-best showing among all major Valley cities – and much better than the statewide average for all cities in Texas, which was down 1.6 percent from the same month last year, the Edinburg Economic Development Corporation has announced. For the first seven months of 2016, Edinburg’s retail economy – as measured by local sales taxes generated from purchases of eligible goods and services – also remained healthy, showing an almost five percent improvement over January through July 2015. During the first seven months of 2016, Edinburg’s retail economy produced $15,890,309.11 in local sales taxes, compared with $15,140,562.15 for January through July 2016, representing an improvement of 4.95 percent.For July 2016, Edinburg’s retail economy generated $1,601,962.79 in local sales taxes, compared with $1,549,113.91 during the same period in 2015, representing the improvement of 3.41 percent, also according to the Texas Comptroller of Public Accounts. The local sales tax is used in Edinburg to help pay for many city services, while the Edinburg EDC uses its one-half cent local sales tax to help generate economic development in the city. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Elías Longoria, Jr., Harvey Rodríguez, Jr., Richard Rupert, and Dr. Peter Dabrowski.

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Titans of the Texas Legislature